All Rental operations Articles
Part of Ritchie Bros’ umbrella of companies, SmartEquip looks to expand its equipment lifecycle support and parts procurement platform across the globe
Company expands waste handling fleet
Purchase adds two branches in the Lone Star State
18 depots have opened since Q2 of 2023
Paul Quested leaves after eight years with the company
Current market drivers include infrastructure, mega projects, onshoring and aging fleet replacement
Company reports “strong adoption” from customers
New tool hire service launched
Company targets “new revenue opportunities”
Focused on growing specialty rental alongside an ambitious goal for greenfield startups, Ashtead’s US-based rental giant laid out some ambitious goals with its Sunbelt 4.0 five-year plan
Compound growth rate of 6-9% up to 2029
More than 20 machines to be delivered
Profit down, but digital platform grows
Revenues set to rise alongside CapEx
HCME to offer rental in France, UK and the Netherlands, starting later this year
Demand in North America continues to be strong as JLG sees “continued demand drivers going forward”
Platform manages equipment related documents
Equipment rental revenues up 10% over 2023 Q1
Company aims to double overseas revenue in next six years
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